Snacks Daily
Summary: Digestible financial news. Get smarter fast with an entertaining breakdown of our top 3 business stories in 15 minutes. Pairs perfectly with your commute, workout, or morning oatmeal ritual. Hosted by Jack Kramer and Nick Martell.
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- Artist: Robinhood Financial, LLC
- Copyright: © 2019 Robinhood Financial, LLC. All Rights Reserved
Podcasts:
The Winklevosses (Winklevii?) created a less-volatile “stable-coin” tied to the US dollar to make cryptocurrencies easy enough for grandma. Uber finally hired a Chief Marketing Officer to fix its greatest weakness before the IPO. And your childhood go-tos Yahoo and AOL hoped to make a comeback at Verizon -- but the wireless conglomerate just lost interest.
Volvo’s marketing is simple (a Subaru with a trust fund). But its IPO became really, really complicated. Alibaba’s fearless leader released official succession plans -- we break down Jack Ma’s impact (and smile) on Chinese business and society. And wedding-planning go-to Pinterest aggressively hates the spotlight, but its sudden growth just launched it to a potentially pin-worthy IPO next year.
You don’t have to watch Elon Musk take a hit on-air while recording a podcast -- We got ya covered on how his insane flame-throwing, pot-smoking interview smacked Tesla’s stock. Blood-testing unicorn Theranos has been a fraud for a while, so we checked out it’s last day ever (“dissolving”). And the August Jobs Report was America’s 95th straight month of job gains, but this one’s extra special for retail companies.
Bumble revealed plans to launch its official offline “Hive” hangout spots for women’s networking. Spotify’s messing with the music industry more by getting into the *musician industry. And Barnes & Noble really bad year got really worse after a brutal earnings report (this book doesn’t end well).
Senator Sanders introduced a perfectly-named bill to end “Corporate Welfare” and it targets Amazon CEO Jeff Bezos. The NFL season begins Thursday -- Ratings dropped 10% last year and the NFL’s counting on legalized gambling. And Twitter waffled on whether to delete Bots in its testimony before Congress.
Nike’s strategically taken on some drama with its big Colin Kaepernick marketing move. Dunkin’ shares hit their all-time high after the coffee industry gets hot. And Evernote’s fallen from the #1 productivity app to #55 and may suffer a “down round” -- so we checked out why
Doesn’t matter if you’re a gamer, not a gamer, or a game-hater -- We looked at 3 leading companies influencing gaming: Fortnite, Twitch, and Microsoft. And then we got excited about how Fortnite is crushing every video game, Twitch will transform how you do your job or school, and Microsoft is changing how you pay for it all.
J. Crew’s 15 straight quarters of falling sales finally ended -- and 1M yards of cotton t-shirts played a key role. Campbell Soup’s sales would’ve fallen 3% if you didn’t count all those companies it just bought, so it’s selling off its 2 best brands to save itself. And Advanced Micro Devices is our “Dino of the Day.” It’s 50-years-old, but that hasn’t stopped its 120% stock surge this year.
Tilray’s CEO said after the Cannabis company’s first ever earnings report that the whole world will legalize weed soon. Amazon’s interested in making more money through its Fire TV stick, which is bad for Roku and Tivo. And Alphabet’s going to start making money this year with its self-driving robo-taxis (bold claim by Morgan Stanley).
Micky D’s app usage is up 40%, and Jeffries Bank tells us why it boosts the stock’s value. Bose unveiled its first, true smart speaker in the high-end audio industry it used to dominate. And Tiffany’s CEO has achieved the impossible -- win with high-end and entry-level customers
Uber raised $500M from Toyota, but its big move was launching a new “guilt” method to mess with short trips that cities hate. JetBlue’s making moves on new “ancillary fees” that could result in “Nutrition Facts” on your tickets. And NAFTA’s getting a new look that we take a look at.
Y Combinator is the legendary accelerator that produced Airbnb, Dropbox, and Instacart. And it just unveiled its next 122 startups at its famous Demo Day. So we broke that down to our 3 favorites representing huge potentially market-moving trends: Inokyo, Emojer, and Inscribe. You’ll be the first to know about ‘em before they’re big.
Eventbrite is bearing it all to potential investors with its prospectus unleashed before this fall’s IPO -- so we dug into it (all 150 pages). Alibaba didn’t do anything surprising last quarter, and that’s big news. And Sony’s adorable puppy robot business is the future of elderly care.
Starbucks can’t decide if it wants to be insta-tastic or upscale chic (or basic or hipster) -- but Pumpkin Spice Latte’s are coming at ya earlier than ever. Target just delivered incredibly in the most fundamental way a store can. And Saudi Arabia had plans to IPO its $2 trillion oil company....and then cancelled.
It’s official. Wall Street’s enjoying its longest “bull” run in history -- and it’s gonna make econ textbooks get rewritten. Goldman Sachs partnered up with MilkShip to finally make it easy for moms to send home their breast milk fully-refrigerated. And La-Z-Boy aggressively avoided a summer slump by making comfy stuff for Millennials, but we look at why it hates the internet.